Spectrum expands college athletics partnerships with Wisconsin, South Carolina and TCU as stock rises 8.7%

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03.09.2026

Spectrum expands college athletics partnerships with Wisconsin, South Carolina and TCU as stock rises 8.7% — Charter Communications stock jumps 8.7%

Charter Communications said Spectrum and Learfield have expanded college athletics partnerships with Wisconsin, South Carolina and TCU. The stock is up 8.7% on the day at $158.97.

CHTR price prediction

24H 1%

$116.69

48H 1.19%

$116.92

7D 0.94%

$116.63

1M -3.57%

$111.41

3M -9.34%

$104.75

6M -6.31%

$108.25

12M -51.77%

$55.73

Current price: $115.54 4.10 3.68%

Closed 11/02

Daily range 111.62

115.91

Weekly range 101.59

115.91

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Highlights

Shares of Charter Communications rose 8.7% on the day to $158.97.
Spectrum and Learfield expanded college athletics partnerships with Wisconsin, South Carolina and TCU.
Of 83 analysts covering Charter Communications, 20 rate the stock a buy and 20 recommend selling, with a median price target of $150.

Spectrum and Learfield have expanded college athletics partnerships with Wisconsin, South Carolina and TCU.

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Bullish structure forms as price regains MA-20 support amid overbought signals

Price reclaimed the MA-20 at $152.21 during the session after having previously closed below it. The move aligns with a broader bullish structure, with shares rising sharply and now positioned between the MA-20 and MA-200, creating a split structure with support from the MA-20 and MA-50. The nearest resistance is at the weekly high of $159.87. However, Stoch RSI is in overbought territory, a stretched reading that could limit further upside.

Outlook favors further gains as buyers watch the $159.87 weekly high

Traders should watch for a close above the weekly high at $159.87 to confirm buyers are willing to follow through. During this session, shares moved back above the MA-20 at $152.21 after previously finishing below it. Despite a sharp move higher over the past week without a sustained trend, the outlook over the next five trading days assigns a 73% probability to further gains and a 27% chance of downside, with an expected trading range of $152.24 to $165.69. From here, strength above $159.87 would confirm acceptance by buyers, while a drop below $152.21 would indicate the advance is being faded. On the weekly chart the longer-term picture stays negative.

Earlier, analysts noted that Charter Communications was exhibiting short- and medium-term bullish momentum while remaining constrained by longer-term resistance. The current decisive breakout above the 20-day moving average, coupled with developments in college athletics partnerships, adds a new catalyst and puts focus on whether shares can sustain momentum above the $159.87 resistance for further upside.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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